BlindShot
Old
- Joined
- Oct 20, 2008
- Posts
- 75
- Location
- Pennsylvania, USA
- Society
- Profit -N- Pleasure
- Avatar Name
- Veronica BlindShot Susan
Im a small trader myself, and with each 1PED I spend I get at least 1% back if market prices dont drop madly. You get 1% back pretty easily, and if you can flip that 1PED more and more then that 1PED gets 1% compounding and all you need to do is flip it 2-3 times a week and the rest is profit.
This is the way it's supposed to work.
I did something similar in my beginning days as a trader, which was 3weeks ago
I started out with 110ped.
My day would start when i got home from work. I bought only 1 resource, and i was able to buy it for -5% and then when all my ped was gone except for about 5, i would sell on auction for MU or +1%, this would usually take 2-4 hrs. The rest of my time i would watch the market or just go watch TV.
When i would log in the next day after work, my resource would have sold and i would do it all over again.
So in 24 hours i had a 5% profit - auction fee.
when the weekend came i could easily make 15-20%in 48hrs.
With all this being said, it is very possible for pirate to make enough to pay out his investors.